Supreme Court of New Jersey
Oscar A. Schierstead, Plaintiff-Appellant v. City of Brigantine, a Municipal Corporation of the County of Atlantic…
February 16, 195929 N.J. 220
Summary
The Supreme Court of New Jersey reversed the Law Division's dismissal and remanded the case, holding that the Municipal Finance Commission's authority does not terminate automatically upon satisfaction of statutory conditions but requires a formal commission resolution or court order, and that the plaintiff's complaint was timely filed within the 45‑day limitation period calculated from the commission's approval of the sale.